Priority Technology Holdings, Inc. (PRTH) stock has surged 227.3% in a year

From Zacks Investment Research: 2025-02-27 12:56:13

Priority Technology Holdings, Inc. (PRTH) stock has surged 227.3% over the past year, outperforming the industry and the Zacks S&P 500 composite. It closed at $10.55, trading above its 50-day moving average. PRTH has outperformed industry peers BYRN and CLBT. The company has strong reseller relationships and aims to expand its distribution network. With the global mobile payment market on the rise, PRTH’s top line saw a 20.1% increase in the third quarter of 2024. The stock looks undervalued, trading at 12.8 times forward earnings per share. With a Zacks Rank #1 (Strong Buy), investors are advised to buy PRTH for long-term gains.



Read more at Zacks Investment Research: Priority Technology Skyrockets 227% in a Year: Should You Buy it? – February 27, 2025